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ADNOC Gas awards contracts

The $2.1bn contracts are aimed at enhancing LNG supply infrastructure.

ADNOC L&S buys stake in Navig8

The company will acquire the remaining stake in mid-2027.

DAE to acquire Nordic Aviation Capital

The terms of the transaction have not been disclosed.

Emirates’ first A350 takes flight

The airline operated the inaugural flight from Dubai to Edinburgh.

NDMC arranges $2.5bn credit facility

The Shariah-compliant facility spans a tenure of three years.
  • Apple’s latest iPad signals the company’s AI-powered future

    San Francisco, United States - Apple on Tuesday announced a line of new iPad tablets revamped with a powerful AI chip...

    The latest version of the iPad Pro uses a new chip called the M4, which is stronger than the one currently used for Apple's laptops

    The iPad Pro and ultralight iPad Air are the company's first iPad releases in two years, ending Apple's longest period without upgrades since it launched the tablet in 2010

  • NEOM, Saudi Red Sea Authority to partner in marine tourism

    NEOM, Saudi Arabia -- Saudi Red Sea Authority (SRSA) has signed a memorandum of understanding (MoU) with NEOM to collaborate...

    The partnership will promote the sharing of expertise and enable the implementation and activation of joint initiatives.

    The agreement specified several areas of cooperation, such as supporting opportunities available to investors in coastal tourism and water activities.

  • Gaza truce talks resume in Egypt, without Israel for now

    Mediators from Qatar, Egypt and the United States have been waiting for Hamas to respond to a proposal that, according...

    The WHO says 1.2 million people, half of Gaza's population, have sought refuge in Rafah, which has been repeatedly threatened by Israel with an invasion.

    US has reiterated its objections to a Rafah offensive, saying Israel has not presented a plan to protect the civilians sheltering there.

  • Audi’s sustainable Middle East luxury drive

    The Arab countries are experiencing a significant surge in the adoption of electric vehicles (EVs), particularly favoring premium models, says...

    There's also a discernible penchant for high-performance and sports models, reflecting the region's enthusiasm for dynamic driving experiences.

    In the Arab world, customers prioritizing eco-friendly options in luxury cars is rising, although it remains somewhat nascent.

  • As ‘news deserts’ spread, US journalism fights on

    Baltimore, United States - Baltimore Banner reporter Matti Gellman is first to leap in with questions during a recent press appearance...

    For more than two decades, since the internet upended the advertising and print model on which newspapers had been based, the industry has been in crisis

    Nearly half of US counties have just one news source, the report said, often a weekly newspaper. And 228 are on a so-called "watch list" at high risk of losing even that

  • 30% productivity leap: Building the machinery of tomorrow

    By embracing digital tools, AI, and sustainable practices, companies can optimize production, redefine their role, and propel themselves towards a...

    New players are emerging, offering advanced digital solutions that boost shareholder returns and revolutionize customer experiences

    Siloed thinking, a failure to integrate new technologies with existing operational models, and an overreliance on traditional lean manufacturing methods can hinder progress

  • ‘Dubai, Abu Dhabi, Riyadh, Bahrain have reinforced position as top GCC tourist spots’

    GCC region is a hidden gem, offering a distinct blend of Arabic culture and history, Fahim Jalalli, CEO of Kanoo...

    What began with Emirates and Dubai has expanded to include Abu Dhabi, Qatar, Bahrain, and Saudi Arabia, says Fahim Jalalli, CEO of Kanoo Travel

    The region hosts numerous trade shows, conferences, and exhibitions, and have so many hotels that are capable of accommodating tens of thousands of attendees, he adds

  • stock market, nvidia, nasdaq,

    Top U.S. stock indices drop for third consecutive day on Wednesday

    The S&P 500 dropped for a fourth consecutive session on Wednesday, as Nvidia and other struggling technology names put downward...

    Technology-heavy Nasdaq Composite slid 1.15% to 15,683.37

    Asian shares advanced on Thursday even after sinking technology stocks sent Wall Street lower

  • Crypto soars in MENA even as it loses sheen elsewhere

    A tech-savvy population sees cryptocurrencies a safe investment option as governments adopt progressive regulatory frameworks, offering innovation and investor protection.

    The Middle East has emerged as the sixth-largest crypto economy globally, according to a report by Chainalysis

    Analysts feel the UAE has demonstrated a forward-thinking approach to harnessing and regulating the crypto sector

  • Special economic zones are a new craze in Middle East

    Vast swathes of land across the desert region are seeing the sprouting of new special zones to entice big business...

    In 2023, Saudi Arabia set up four new special economic zones, with incentives for international companies to operate within the kingdom

    SEZs are seen as catalysts for economic diversification, which offer platforms for innovation, entrepreneurship, and investment in non-oil sectors